Feildens Arms Blackburn
Whalley Road, Blackburn, BB2 7PRAgreement Type: Investment Tenancy
View details for Feildens Arms Blackburn
Royal Oak Blackburn
2, Royal Oak Avenue, Pleckgate, Blackburn, BB1 8QD
Pub Code: 0060412101
Key Features
- Foundation Tenancy
- Two Outdoor Trading Areas
- Private Accommodation
- Commercial Kitchen
- Car Parking
Est Min Ingoing Costs: £7,204
Annual Rent: £14,449
More Information
The Royal Oak is situated in Pleckgate on the outskirts of Blackburn. A quality local pub that serves the community with a wide range of beers and spirits. With it's roadside location that overlooks the local playing fields, there's fantastic opportunity for a quality operator to drive trade through sports teams and building loyal customers from passing trade.
Available on our foundation tenancy agreement. Click here for more information on this agreement. The potential of this pub lies in maintaining a well thought through food offer and introducing a small entertainment offer as part of a rhythm of the week.
We’re always open to new ideas, what would you do to drive trade?
Attitude is more valuable than experience. If you’ve got the following, we’d love to hear from you.
• Understanding of the local community
• Understanding of how to build a successful business
• Ability to engage with customers from behind the bar
If this sounds like the incredible pub opportunity you’ve been waiting for, apply today and tell us what you can bring to this pub’s next chapter…
Trading Area & Facilities
• Main trading area with bar
• 40 internal covers
• 40 external covers
• Fit for purpose commercial kitchen
• SmartDispense
• Outdoor beer garden with loose benches
• Car park with 24 spaces
Private Accommodation
Private accommodation consists of 2 bedrooms, bathroom and a living room.
| Annual Rent | £ 14,449 |
| Estimated Annual Turnover | £ 209,350 |
| Deposit | £ 3,612 |
| Estimated Fixtures & Fittings Value | £ 10,000 |
| Estimated Stock Valuation | £ 2,500 |
| Estimated Working Capital | £ 3,500 |
| Estimated Total Ingoing Costs | £ 19,612 |
| Estimated Minimum Ingoing Costs | £ 7,204 |
The above figures are provided as a guide only and will be finalised as part of the commercial agreement. All figures quoted are exclusive of VAT.
Estimated Working Capital is an estimate of key start-up costs such as professional fees, training fee, premises license fee, F&F valuation fee & till floats. There will be additional ongoing charges payable during the term of the agreement such as property maintenance, repairs fund, SmartDispense. These costs will be outlined prior to completing a business plan and finalised at Heads of Terms.
The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent and that fixtures and fittings (F&F) are rented. The subsequent deposit build up and F&F rental costs should be included in your financial assumptions in your business plan. Note that on FRI and Investment Tenancy Agreements deposits will always be 3 month's rent in advance and fixtures and fittings (F&F) must always be purchased. A deposit of 6 month's rent will be required for operators trading under a Limited Company with no Guarantors. In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.
Estimated Working Capital is an estimate of key start-up costs such as professional fees, training fee, premises license fee, F&F valuation fee & till floats. There will be additional ongoing charges payable during the term of the agreement such as property maintenance, repairs fund, SmartDispense. These costs will be outlined prior to completing a business plan and finalised at Heads of Terms.
The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent and that fixtures and fittings (F&F) are rented. The subsequent deposit build up and F&F rental costs should be included in your financial assumptions in your business plan. Note that on FRI and Investment Tenancy Agreements deposits will always be 3 month's rent in advance and fixtures and fittings (F&F) must always be purchased. A deposit of 6 month's rent will be required for operators trading under a Limited Company with no Guarantors. In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.
Location:
2, Royal Oak Avenue, Pleckgate, Blackburn, BB1 8QD
More properties in this region
Duckworth Hall Oswaldtwistle
15 Duckworth Hall, Oswaldtwistle, BB5 3RQAgreement Type: Foundation Tenancy
View details for Duckworth Hall Oswaldtwistle
Walmesley Arms Great Harwood
26 Queen Street, Great Harwood, BB6 7QQAgreement Type: Foundation Tenancy
View details for Walmesley Arms Great HarwoodTo apply for this pub or for additional information, please contact us directly
Freephone:
08085 94 95 96
Email us at
enquiries@starpubs.co.uk
Or visit
www.starpubs.co.uk
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